Nokia has closed its acquisition of Fenix Group in a transaction that expands its portfolio of tactical communications platforms for defense customers. Mike Loomis, president of Nokia Federal Solutions, said in a statement published Wednesday the completion of the acquisition marks a key step in advancing the company’s U.S. strategy and growing its defense business. “Fenix‘s expertise in broadband…
Nokia Acquires Fenix Group in Defense Market Expansion Push
-
Nokia Eyes Defense Business Growth With Fenix Group Purchase
Nokia has agreed to acquire Fenix Group, an Enlightenment Capital portfolio company, for an undisclosed sum as part of efforts to expand its portfolio of wireless offerings for defense customers. Fenix Group is a privately held company focused on developing 3rd Generation Partnership Project-based tactical communications systems that support military applications by delivering low-latency, high-speed data connectivity to devices…
-
Agile Defense Expands Cyber Offerings With XOR Security Acquisition
Agile Defense, a portfolio company of Enlightenment Capital, has purchased XOR Security for an undisclosed sum as part of efforts to broaden its cybersecurity offerings for defense and national security customers. XOR Security has been providing cybersecurity engineering and operations and virtual security operation center services designed to ensure the security of security systems used by…
-
Enlightenment Capital Acquires IT Services Provider Agile Defense
Enlightenment Capital has purchased Agile Defense, a Reston, Virginia-based company focused on providing digital transformation and information technology platforms and services to the Department of Defense and other federal government customers. Agile Defense has been offering enterprise IT, DevSecOps, cloud migration support, compliance as a service, cybersecurity assessment and risk management and IT service management…
-
Booz Allen Closes EverWatch Acquisition
Booz Allen Hamilton(NYSE: BAH) has finalized its purchase of EverWatch from investment firm Enlightenment Capital, as part of efforts to accelerate mission delivery and technology development cycles in support of national security customers. Booz Allen said Friday the acquisition gives the company access to EverWatch’s cleared personnel and expertise in analytics, software development, artificial intelligence,…
-
Enlightenment Capital Invests in Edge Network Provider Fenix Group
Washington, D.C.-based investment firm Enlightenment Capital has invested in Fenix Group, a Chantilly, Virginia-based provider of battlefield edge networks and integrated systems, to help the latter advance its growth strategy.